$1,100,000

181 Glenerie Blvd Saugerties, NY 12477

Estimated payment $6,663/month

12 Beds
7 Baths
4,544 Sq Ft
$242 Price per Sq Ft

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Level Lot
  • Kingston High School Rated A-
  • Hot Water Heating System
  • Cabin

About This Home

Excellent investment opportunity in the heart of Saugerties! 181 Glenerie Blvd features a well-maintained 7-unit apartment building offering a desirable mix of one-, two-, and three-bedroom apartments. Each unit provides comfortable layouts and strong rental demand in a convenient location between Kingston and Saugerties. There is a two-family home at the front of the property, where each tenant pays their own utilities (a newer wall-mounted boiler) and separate electricity. Then there is a cottage behind the building, and then a 4-unit strip of apartments, the cottage and strip, the owner supplies the heat and hot water (from a new wall-mounted propane boiler), tenants pay their own electricity. Tenants appreciate the convenience of off-street parking and easy access to major routes, shopping, dining, and local employers. With stable income and room for future value growth, this property is ideal for investors seeking steady returns in the thriving Hudson Valley rental market.

Listing Agent

Greg Berardi

Berardi Realty License #10311209045 Listed on: 10/14/2025

Co-Listing Agent

Megan Rios

Berardi Realty License #10401302335

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,967

Year Built

  • Built in 1970

Lot Details

  • 0.55 Acre Lot
  • Property fronts a county road
  • Level Lot

Home Design

  • Cabin
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 4,544 Sq Ft Home
  • 1-Story Property
  • Range

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Hot Water Heating System
  • Propane
  • Septic Tank
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / 8
  • Assessor Parcel Number 39.7-8-15

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $4,452
  • Fuel Expense $5,000
  • Insurance Expense $4,018
  • Maintenance Expense $3,291
  • Vacancy Allowance $3,393
  • New Taxes Expense $9,966
  • Operating Expense $31,700
  • Gross Income $113,100
  • Net Operating Income $78,006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,967

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.55
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Total Gross Income: 113100.0
  • Co List Office Mls Id: BR
  • Co List Office Phone: 845-201-1111
  • Co List Office Phone: 845-201-1111
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 4544.0
  • New Construction: No
  • Master Plan Zoning: 32
  • Location Tax and Legal:Tax Block: 8
  • General Property Information Lot Size Acres: 0.55
  • General Property Information Lot Size Dimensions: irregular
  • Flooring:Carpet: Yes
  • Flooring Wood: Yes
  • Flooring:Vinyl: Yes
  • Income And Expenses New Taxes Expense: 9966.0
  • Foundation Details Slab: Yes
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 113100.0
  • Income And Expenses Fuel Expense: 5000.0
  • Road Frontage Type County Road: Yes
  • Location Tax and Legal:Tax Annual Amount: 9967.0
  • General Property Information Stories2: 1
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Water Source:Public: Yes
  • Roof:Metal2: Yes
  • General Property Information Above Grade Finished Area: 4544.0
  • General Property Information Basement YN: No
  • Structure Type Multi Family: Yes
  • Utilities:Cable Available: Yes
  • Owner Pays:Sewer2: Yes
  • Structure Type:Cabin: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Propane3: Yes
  • Utilities Water Connected: Yes
  • Flooring Luxury Vinyl: Yes
  • Income And Expenses Maintenance Expense: 3291.0
  • Utilities Sewer Not Available: Yes
  • Income And Expenses Operating Expense: 31700.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Range
  • Basement YN: No
  • Total Bedrooms: 12
  • Flooring: Carpet, Luxury Vinyl, Vinyl, Wood
  • Stories: 1
  • Appliances Range: Yes

Exterior Features

  • Roof: Asphalt, Metal
  • Waterfront: No
  • Foundation Details: Slab, See Remarks
  • Lot Features:Level: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Electricity Connected, Sewer Not Available, Water Connected, Propane
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Propane
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Propane2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Hot Water2: Yes

Fee Information

  • Trash Expense: 3772.0

Schools

  • Junior High Dist: Saugerties Central Schools

Lot Info

  • Lot Features: Level
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 23958.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 39.7-8-15

Rental Info

  • Owner Pays: Roof Maintenance, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water, Other
  • Tenant Pays: All Utilities, Electricity, See Remarks
  • Rent Control: No

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 4452.0
  • Insurance Expense: 4018.0
  • Maintenance Expense: 3291.0
  • Net Operating Income: 78006.0
  • Annual Operating Expense: 31700.0
  • Total Actual Rent: 113100.0
  • VacancyAllowance: 3393
  • Vacancy Allowance Rate: 3.0
  • Income And Expenses Vacancy Allowance: 3393

Tax Info

  • New Taxes Expense: 9966.0
  • Tax Annual Amount: 9967.0
  • Tax Block: 8
  • Tax Lot: 15

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2025 10/14/25 For Sale $1,100,000 0.0% $242 / Sq Ft
06/15/2018 06/15/18 Rented $1,300 0.0% --
05/19/2018 05/19/18 For Rent $1,300 +44.4% --
04/27/2018 04/27/18 Rented $900 0.0% --
02/09/2018 02/09/18 For Rent $900 0.0% --
07/04/2016 07/04/16 Sold $225,000 -16.6% -- View Prior Sale
06/01/2016 06/01/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $269,900 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20255060

Hudson Valley Catskills Region Multiple List Service
New York Ulster County Saugerties 12477

181 Glenerie Blvd, Saugerties, NY

This home is located at 181 Glenerie Blvd, Saugerties, NY 12477 and is currently priced at $1,100,000, approximately $242 per square foot. This property was built in 1970. 181 Glenerie Blvd is a home located in Ulster County with nearby schools including Kingston High School and Cerebral Palsy of Ulster County Preschool Program.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson Valley Catskills Region Multiple List Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Greg Berardi
Listing Agent
Greg Berardi
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Berardi Realty
(845) 409-8343